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Heinz in talks to buy European food company

US food group, H.J. Heinz Co. announced Wednesday that it has begun talks to acquire a major European food company that sells soups, packaged vegetables,...

Unilever growth near forecasts

Anglo-Dutch consumer products group, Unilever, announced on Wednesday that it expected a healthy earnings growth this year. The company forecast accelerating sales in its leading...

BioProgress to work with Nestlé

BioProgress Technology International, Inc. announced this week that it has signed a Product Development Agreement with Swiss food group Nestle to develop a range of...

Red Star Yeast deal called off

Sensient Technologies Corp., Milwaukee, Wisc. announced this week that it hashalted negotiations with Paris-based Lesaffre et Compagnie regarding the saleof the company's Red Star Yeast...

Saputo buys Dairyworld Foods

US dairy and grocery manufacturer Saputo Inc announced this week that it hasenteredinto an agreement to acquire the fluid-milk and cheese operations, and certainjoint-venture interests...

Danisco sells potato activities

Danish food, sugar and packaging group Danisco said on Monday it had agreed tosell Danisco Foods' frozen potato activities in the Netherlands to Dutch-U.S.firm Lamb...

UN launches central data point for GMO's

The United Nations is to launch a centre for the exchange of information ongenetically modified organisms (GMO's) and biosecurity, this is the outcome ofan international...

AACC announces food rheology award

The American Association of Cereal Chemists awarded its G.W. Scott BlairMemorial Award for Excellence in Food Rheology to Anandha 'Andy' Rao,professor of Food Engineering in...

Tesco hits Malaysia

Tesco, the UK's largest supermarket group, has found a joint venture partnerin Malaysia, announcing plans on Friday to invest £215m in its fourth Asianmarket, the...

BASF to invest further in vitamins

BASF, the German chemicals giant, announced recently that it will build newvitamins capacity in Europe and expand its plants, providing it withfacilities in the region...

Drastic reduction in production for French beef processor

French beef processor Charal reported a loss of 100 million French Francs inNovember because of the crisis over bovine spongiform encephalopathy. Turnoverin November dropped by...

Novartis buys BASF pharmaceuticals

BASF, the German chemicals group, has agreed to sell its genericpharmaceuticals activities to Novartis for Euro 115 million, La Tribunereports this week. BASF employs staff...

Opportunities for beef imports to Korea

The World Trade Organisation (WTO) appellate body this week upheld a previousdecision that a range of measures on the import, distribution, and retail saleof imported...

Boom time for New Zealand dairy industry

New Zealand?s dairy industry reported record exports during November, strongdemand abroad and thriving milk production are likely reasons for such healthyfigures. Last month, the number...

Franco-British team favourites for Seagram drinks

In the auction for Canadian drinks company, Seagram, the Franco-British teammay be the favourite. This week British group Allied Domecq pulled out of thebidding leaving...

US organic standards good for industry, study suggests

According to a recent study by market research group, Promar International,new organic labelling standards implied by the U.S. Department of Agriculturebode well for food and...

General Mills reports healthy 2Q

US food giant, General Mills Inc., reported a 4.6 per cent increase in netincome for its fiscal second quarter and said integration plans for itspending...

Cirio makes offer for Del Monte

Italian food and beverage group Cirio announced this week that it is to make afirm cash offer to buy shares in SA food company Del...

Danone to expand in Europe and developing world

Danone, the French food group, confirmed this week its desire to increaseactivities in Europe and the developing world, French financial newspaper LesEchos, reports. The group...

Raisio Benecol signs agreement with Argentina

Raisio Benecol Ltd, part of the Finnish margarine and functional ingredientsgroup Raisio Group, has signed an agreement to deliver its sterol-derivedcholesterol-lowering functional food ingredients to...

Allied Domecq pulls out of Seagram bid

Allied Domecq announced on Wednesday that it has pulled out of the auction forSeagram's spirits and wine business, the Financial Times reports. The UKdrinks group...

Carbohydrate alliance formed

Dow Chemical and Alchemia Pty Ltd have agreed a research and productionalliance to develop production facilities for carbohydrate-based drugs andnutraceuticals, Chemical Market Reporter writes. The...

BSE figures increase in France

A new report has found the incidence of mad cow disease in France is moreprevalent than previously thought. France's Food Safety Board said in apreliminary...

Ireland positive of Egyptian turnaround

Joe Walsh, Irish agriculture minister, said this week he is confident thatIreland's £200 million beef trade with Egypt will be restored. Egypt announcedlast week that...

Offers submitted for Seagram drinks

Three groups were understood to have submitted offers for the Seagram spiritsbusiness on Monday, on the first trading day of the group's new parent,Vivendi Universal,...

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